The Federal Government has approved the purchase of Shell Plc’s onshore assets in Nigeria to a group of local companies for $1.3 billion. Nigeria, Africa’s largest...
A Norwegian oil and gas company, Equinor (EQNR.OL) has finally exited Nigeria after selling its assets. According to reports, the company concluded the sale of its...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rejected Shell International Plc’s $1.3 billion bid to sell its onshore assets to the Renaissance Consortium. This decision,...
Shell Plc has announced plans to explore an offshore oil block in South Africa, near the maritime border with Namibia where recent discoveries have sparked a...
Four international energy giants, Shell Plc, BP Plc, TotalEnergies SE, and Mitsui & Co., have each agreed to invest in Abu Dhabi National Oil Co.’s (Adnoc)...
Ardova Plc, a leading indigenous energy company, and global lubricants giant Shell International have joined forces to launch the inaugural “Power Conference.” The event, themed “Powering...
Shell Petroleum Development of Nigeria Limited (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo) significantly increased their contributions to the Niger Delta Development Commission...
Shell Petroleum Development Company of Nigeria Limited (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo) paid a sum of $1.09 billion in corporate taxes...
The proposed $2.4 billion asset sale by energy giant Shell to Renaissance Africa Energy has become the focal point of intense scrutiny as the Federal Government...
Nigeria’s oil industry is on the cusp of significant transformation as Shell, a pioneering force in the nation’s oil sector, exits its onshore operations, signaling a...